Construction spending in March 2023 showed a small increase of 0.3% compared to February, with a total of $1,834.7 billion. The growth is attributed to both private and public construction sectors.
CoStar Group, a leading provider of online real estate marketplaces, has announced its first quarter 2023 financial results. The company reported revenue of $584 million, representing a 13% increase year-over-year, and net income of $87 million. The report also highlights the impressive growth of its subsidiary, Homes.com, which saw its traffic surpass 27 million unique monthly visitors. CoStar Group’s CEO, Andy Florance, stated that the
Prologis has reported strong Q1 2023 earnings, driven by strong leasing activity and portfolio performance across its global logistics real estate portfolio. The company’s strategic focus on high-quality assets, strategic expansion, and ESG initiatives has positioned it for future growth opportunities in key logistics markets around the world. In addition to strong financial performance, Prologis has set ambitious targets for carbon neutrality and increasing diversity
